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many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy and while congress has trouble sorting out a deal to prevent americans are slipping into a tax black hole some agreements just seem to breeze through china growth from want to wait news experience. welcome the united states of america this is where we govern by crisis we don't have representatives in washington d.c. we have political prostitutes that will go before a camera and say that anything that they have to say is to keep this massive government rolling and you can make special interest influences in washington d.c. for that when the cameras are on you know if they're on the red team they're going out there saying it's the welfare folks as well it's a people on food stamps or the people on extended unemployment benefits if they're on the blue team they're coming out and trying to get their base fired up that it's all about their corporate interests and this is why we can't come up with you but is an enemy when the cam
many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy and while congress has trouble sorting out a deal to prevent americans are slipping into a tax black hole some agreements just seem to breeze through china growth from want to wait news experience. welcome the united states of america this is where we govern by crisis we don't have representatives in washington d.c. we have political prostitutes that will go before a...
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new year's danger the u.s. is still stuck on the edge of its fiscal cliff. before. investigators begin ruling out possible causes for the deadly plane crash at a moscow airport. step by step. us from the rest of the middle east and arab world money roller coaster public getting more politically vocal. major events that shaped twenty twenty. well it is a pleasure to have you with us here today on this new year's eve lots of action coming your way throughout the night. will be here a bit later for now though it's me research i live in the moscow st. now trying to pull the u.s. back from the brink of the fiscal cliff it couldn't get much closer to the wire just a few hours now americans will be hit hard by billions of dollars of tax hikes and spending cuts which will automatically come into effect on tuesday republicans and democrats are now in a last minute effort to avert it as time rapidly runs out here's our washington d.c. correspondent. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its defi
new year's danger the u.s. is still stuck on the edge of its fiscal cliff. before. investigators begin ruling out possible causes for the deadly plane crash at a moscow airport. step by step. us from the rest of the middle east and arab world money roller coaster public getting more politically vocal. major events that shaped twenty twenty. well it is a pleasure to have you with us here today on this new year's eve lots of action coming your way throughout the night. will be here a bit later...
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many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy now as if trying to find your way through a complex tax system isn't bad enough in the u.k. millions have been paying it through the news for telephone services to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the number of dead to five three others are still fighting for their lives the red wings plane skidded off the runway and plowed into the embankment of a major highway on saturday experts believe bad weather brake failure or simply pilot error could have led to the tragedy. for national looks at how events unfolded. the twenty ninth of december the last working day of two thousand and twelve in russia four pm business is closed all business put off until the next year but i'm alays friends employees jump into their cars and escape the busy capital he's got highway heads to the west a region where most o
many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy now as if trying to find your way through a complex tax system isn't bad enough in the u.k. millions have been paying it through the news for telephone services to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the number of dead to five three others are...
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a deal on fiscal cliff that's what you read in the news so this whole charade in washington could have implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy. trying to find your way through a complex tax system is not enough in the u.k. . to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the number of dead to three others are still fighting for their lives the red wings' plane skidded off the runway and right into the bank of a major highway on saturday experts believe bad weather breaks or simply could have led to the tragedy. unfolded the twenty ninth of december the last working day of two thousand and twelve in russia. business is. the next here families. jump into their cars and escape the busy capital. highway heads to the west of moscow region where most of the luxury states and country houses are located traffic jams are common this time of the day and this time of the year
a deal on fiscal cliff that's what you read in the news so this whole charade in washington could have implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy. trying to find your way through a complex tax system is not enough in the u.k. . to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the...
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to reach a deal on fiscal cliff that's what you read in the news so this whole charade in washington could have implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy syrian rebels pressed on with the offensive in the north of the country they reportedly take over an oil pumping station after days of intense fighting calls for dialogue from russia and the international peace envoy. trying to find a way through a complex tax system wasn't enough in the u.k. millions have been paying through the nose for telephone services to help them navigate it that's coming up like. another crew member has died after a passenger jet crashed at one of moscow's busiest ports it brings the number of dead to five three others are still fighting for their lives in hospital the red wings playing skidded off the runway and plowed into the embankment of a major highway on saturday experts believe bad weather brake failure or simply pilot error could have led to the tragedy artie's reef an ocean and now looks at how th
to reach a deal on fiscal cliff that's what you read in the news so this whole charade in washington could have implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy syrian rebels pressed on with the offensive in the north of the country they reportedly take over an oil pumping station after days of intense fighting calls for dialogue from russia and the international peace envoy. trying to find a way...
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many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy well charlie mcgrath found of wide awake says it is ironic that america's main parties have difficulty reaching a deal on policies to aid the nation's poor but had little trouble agreeing on the defense budget. when the cameras are own you know if they're on the red team there i mean you're out there saying it's the welfare of all it's the people on food stamps or the people in extended unemployment benefits if they're on the blue team they're coming out and trying to get their base fired up that it's all about corporate interests and this is why we can't come up with video but isn't it me when the cameras are off and it's time to pass a trillion dollar nearly trillion dollar defense bill they have no problem whatsoever coming to coming together and holding hands with that kind of a deal together since two thousand and one namely we've been governing this nation by proxy the world by crisis and it doesn't matter who gets or
many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy well charlie mcgrath found of wide awake says it is ironic that america's main parties have difficulty reaching a deal on policies to aid the nation's poor but had little trouble agreeing on the defense budget. when the cameras are own you know if they're on the red team there i mean you're out there saying it's the welfare of all it's the people on food stamps or the...
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Dec 27, 2012
12/12
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president obama and congress return to washington today to resume talks on the fiscal cliff. the yen hits a two-year low against the dollar as the new japanese government vow toes battle deflation and weaken the currency. export stocks rise, pushing the nikkei towards it's strongest gain in seven years. >>> and shares in toyota leading the way higher after the japanese automaker settles a class action lawsuit. we are mostly trading higher this morning as european trade gets back under way after the holiday and after boxing day which i got to experience for the first time. ftse 100 up 0.2%. same with the xetra dax. cac 40 up 0.6% and the ibex 35 up .25%. take a look at the bund wall. both yields moving lower. now it's more differentiated. spain and italy, moving a touch higher, but 5.3 and about 4.5% respectively. forex, this seems to be the place where all the action is lately. thaebl probably going to be a theme of 2010, too. the dollar/yen is at its two-year low for the yen against the dollar. down about .1%. the euro/dollar up by .3% this morning. the aussie dollar is roug
president obama and congress return to washington today to resume talks on the fiscal cliff. the yen hits a two-year low against the dollar as the new japanese government vow toes battle deflation and weaken the currency. export stocks rise, pushing the nikkei towards it's strongest gain in seven years. >>> and shares in toyota leading the way higher after the japanese automaker settles a class action lawsuit. we are mostly trading higher this morning as european trade gets back under...
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Dec 31, 2012
12/12
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we're below 13,000 all waiting for any news on fiscal cliff developments. we'll keep you up-to-date. venezuela's president, hugo chavez is suffering new complications from a respiratory infection that just three weeks after undergoing surgery for cancer in cuba. chavez has not been seen or heard from since his fourth cancer related surgery which took place earlier this month. government officials say chavez might not return in time for the inauguration of his new six-year term on january the 10th. okay. check the price of oil, they're not related. the situation concerning hugo chavez is not related to the overall price of oil which this morning is at $90 a barrel, it's down 28 cents. now, one of the bright spots in this economy is the housing market. there has been a modest recovery in prices and the number of homes sold. however, if we go over the fiscal cliff, or if we completely fail to reach a broad ranging agreement, this is what our guest from forbes magazine, morgan brennan, said would happen to the housing market, again, if we go over the cliff. lis
we're below 13,000 all waiting for any news on fiscal cliff developments. we'll keep you up-to-date. venezuela's president, hugo chavez is suffering new complications from a respiratory infection that just three weeks after undergoing surgery for cancer in cuba. chavez has not been seen or heard from since his fourth cancer related surgery which took place earlier this month. government officials say chavez might not return in time for the inauguration of his new six-year term on january the...
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Dec 28, 2012
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apart from the fiscal cliff debate, some other laws are due to expire january 1, and that could cost americans plenty. for starters, the payroll tax break will end. social security taxes will go from 4.2% back to 6.2%. if the farm bill is allowed to expire, it is feared milk prices could rise sharply. hundreds of american families are heartbroken tonight after russian president vladimir putin ban all adoption of russian children by americans. it is believed to be retaliation for a new u.s. law that targets human rights abuses in russia. in the past two decadees, more than 60,000 russian children have been given new homes inside the u.s. it elaine quijano met one family whose adoption is now on hold. >> look at this. look. >> reporter: two years ago kim and robert summers decided to adopt from russia. it took nearly 18 months, but last july, the couple was matched with a 15-month-old boy. when you saw his picture for the first time, what did you think? >> i knew that this was the child i was meant to parent. and i took one look at this little ginger boy, and i can follow in love with
apart from the fiscal cliff debate, some other laws are due to expire january 1, and that could cost americans plenty. for starters, the payroll tax break will end. social security taxes will go from 4.2% back to 6.2%. if the farm bill is allowed to expire, it is feared milk prices could rise sharply. hundreds of american families are heartbroken tonight after russian president vladimir putin ban all adoption of russian children by americans. it is believed to be retaliation for a new u.s. law...
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Dec 28, 2012
12/12
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to avoid the fiscal cliff. >>> the dow erases a 150 point decline on news that the house will be back in session on sunday evening. and time is rubbing out to avoid a strike at 14 major east coast ports. a work stoppage to cost the economy $1 billion a day. it's friday, december 28th, 2012. and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. and it does feel like we're living a bit on the edge of the fiscal cliff, at least. i'm andrew ross sorkin along with joe kernen and becky quick is off today. our guest host this hour, ed kehone. he's the management associate portfolio manager and we are thrilled to have ed aboard for -- i think you'll be here for longer than an hour. you'll be here for the whole broadcast. >> as long as you need me. >> you're like -- how long were you at -- you were at prudential. >> it's owned by prudential, so i've been at peru don'tal for almost 15 years now. >> widely quoted. you know who has made a comeback is ralph -- >> akampora. >> i've seen him around. do you remember his nickname? >> i don't. >> whatever you thi
to avoid the fiscal cliff. >>> the dow erases a 150 point decline on news that the house will be back in session on sunday evening. and time is rubbing out to avoid a strike at 14 major east coast ports. a work stoppage to cost the economy $1 billion a day. it's friday, december 28th, 2012. and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. and it does feel like we're living a bit on the edge of the fiscal cliff,...
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Dec 29, 2012
12/12
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. >>> new year's resolution? will a last-minute fiscal cliff deal get done? and if it does what will it look like. >>> we have a deal. we may still get hit with an automatic tax hike. how much will that cost you? in time for the new year, a new snowstorm headed to the northeast. we'll let you know how bad this will get. and the yore in review, up with of the most unique and appalling takes on the year in review. good morning to you all. welcome to weekends with alex witt. no alex today. taking a much deserved weekend off. i'm t.j. holmes, good to be with you. new this morning, president obama outlining his course of action if we all go off the cliff. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up-or-down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job and lays the ground work for more economic growth and deficit reduction. >> the president is optimistic that a deal can be reached midnight on new year's eve. listen to senate m
. >>> new year's resolution? will a last-minute fiscal cliff deal get done? and if it does what will it look like. >>> we have a deal. we may still get hit with an automatic tax hike. how much will that cost you? in time for the new year, a new snowstorm headed to the northeast. we'll let you know how bad this will get. and the yore in review, up with of the most unique and appalling takes on the year in review. good morning to you all. welcome to weekends with alex witt. no...
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Dec 28, 2012
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. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> we do know that the house of representatives has bee
. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to...
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Dec 24, 2012
12/12
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david kerley, abc news, washington. >>> and washington's other major problem is the fiscal cliff and yet no resolution just yet. the deadline for heading off tax hikes and spending cuts is now one week away. congress returns from a short holiday break on thursday and at least one senator expects negotiations to go up until new year's eve. one possibility is a partial deal on taxes and putting off spending for later. >>> also new insight this morning into mitt romney's failed run for the white house. comments coming now from his eldest son. tag romney tells "the boston globe" that his dad never actually wanted the top job and he was reluctantly convinced to run for president. "he wanted to be president less than anyone i've met in my life" is what tag said, direct quote. he went on to say that his father is a very private person who simply does not like attention. that's a stunning remark, the money, the time, the scheduling, the scrutiny, the investment. the people around you who come along for the ride. if you don't really want it, why would you jump and devote two years of your lif
david kerley, abc news, washington. >>> and washington's other major problem is the fiscal cliff and yet no resolution just yet. the deadline for heading off tax hikes and spending cuts is now one week away. congress returns from a short holiday break on thursday and at least one senator expects negotiations to go up until new year's eve. one possibility is a partial deal on taxes and putting off spending for later. >>> also new insight this morning into mitt romney's failed...
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Dec 27, 2012
12/12
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fiscal cliff. >> a suburban new york city newspaper's in the middle of a big controversy this morning after it put up online the names and addresses of everyone with a gun permit. >> and if you're a robber looking to burglarize a home where you might steal guns now you have a map. >> all the indicators show that the earth is warming up and that's what's driving some of this wacky weather. >> does that foreshadow then more extreme weather in the future? >> get used to it. >> police used tow trucks and the denver boot to deal with illegal parking. this is what happens when you park illegally in russia. >> a first met dustin at a party in 1968. i was his waiter. there was an instant connection when he said to me, how's the flounder? >> how's the flounder? i'm rebecca jarvis with jeff glor. charlie, gayle and norah are off. hopefully, they are sipping some nice hot cocoa or something like that. >> right. >> no flounder. >>> a powerful winter storm that pounded the midwest is now hitting the northeast. the storm moved in last night with heavy snow and gusting winds. the heaviest snow more
fiscal cliff. >> a suburban new york city newspaper's in the middle of a big controversy this morning after it put up online the names and addresses of everyone with a gun permit. >> and if you're a robber looking to burglarize a home where you might steal guns now you have a map. >> all the indicators show that the earth is warming up and that's what's driving some of this wacky weather. >> does that foreshadow then more extreme weather in the future? >> get used...
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and welcome back you are watching our team now while the so-called fiscal cliff deadline hangs heavy there is still no deal inside between the firmly entrenched republicans and democrats millions of americans stand to see their taxes go up dramatically on new year's day but the sticking point holding up negotiations are the rates for the rich the republicans are rejecting any deal that would see those taxes rise while democrats insist the wealthy could pay a little more probably mcgrath founder of why the wait news says it's ironic that the u.s. is main parties having difficulty reaching a deal on policies to enable the nation's poor have little trouble agreeing on the defense budget. when the cameras are on you know they're on the right team there i mean you're out there saying it's the welfare of all it's of people on food stamps or the people on extended unemployment benefits if they're on the blue team they're coming out and trying to get their base fired up that it's all about corporate interests and this is why we can't come up video but isn't it amazing when the cameras are of
and welcome back you are watching our team now while the so-called fiscal cliff deadline hangs heavy there is still no deal inside between the firmly entrenched republicans and democrats millions of americans stand to see their taxes go up dramatically on new year's day but the sticking point holding up negotiations are the rates for the rich the republicans are rejecting any deal that would see those taxes rise while democrats insist the wealthy could pay a little more probably mcgrath founder...
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Dec 31, 2012
12/12
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maybe he can solve the fiscal cliff. >>> and all that matters. >> new zealand celebrated a few moments ago shooting fireworks into the sky to welcome 2013. >> on "cbs this morning." >>> chuck pagano was back on the colts' sidelines yesterday cancer-free as the colts took care of the texans, the 28-16. >> i'm so glad to be back with you guys. i'm so proud. thank you. thank you so much. captioning funded by cbs >>> welcome to "cbs this morning." i'm norah o'donnell with anthony mason. charlie and gayle are off. the deadline for the fiscal cliff is less than 24 hours away, and there is no deal yet, but members of congress will be back on capitol hill this morning, so we will have all the news from washington in a moment. but first there is breaking news on the condition of secretary of state hillary clinton. >> she's in a new york city hospital this morning being treated for a blood clot. doctors say it's related to a concussion that has kept her out of the office for the past three weeks. margaret brennan is in washington with the latest. margaret, good morning. >> good morning to you. s
maybe he can solve the fiscal cliff. >>> and all that matters. >> new zealand celebrated a few moments ago shooting fireworks into the sky to welcome 2013. >> on "cbs this morning." >>> chuck pagano was back on the colts' sidelines yesterday cancer-free as the colts took care of the texans, the 28-16. >> i'm so glad to be back with you guys. i'm so proud. thank you. thank you so much. captioning funded by cbs >>> welcome to "cbs this...
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back from the brink of the fiscal cliff it couldn't get much closer we're down to the wire just a few hours now americans will be hit hard by billions of dollars of tax hikes and spending cuts which will come into effect on tuesday republicans and democrats are now in a last minute effort to avert it as time rapidly runs out. reports. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its deficit and its you monger's debt and what they did was what they usually do they put off those important decisions until a certain deadline that deadline is now so they came up with this scary word cliff to create lots of drama around what should be the ordinary maybe somewhat boring working process of any congress or parliament that is to agree on a budget the need to deadlines so the cliff which actually describes the mode in which the congress is working their inability to make decisions until the very very last minute the cliff that u.s. lawmakers have artificially created could become very real for the american people the vast
back from the brink of the fiscal cliff it couldn't get much closer we're down to the wire just a few hours now americans will be hit hard by billions of dollars of tax hikes and spending cuts which will come into effect on tuesday republicans and democrats are now in a last minute effort to avert it as time rapidly runs out. reports. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its deficit and its you monger's debt and...
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deal looks set to put america on the edge of the fiscal cliff and tax hikes for millions of americans for a time at least. very happy new year. well twenty thirteen has made it around the globe with an array of fireworks performances and cheering crowds as take a look at how the world has been partying new zealand was among the first to usher in twenty thirty crowds the harboring oakland joy the fireworks exploding over the city's sky tower australia joined the festivities almost two million people gathering to see the now standard jaw dropping fireworks from harbor bridge as the clock struck midnight here continued triumphant march through asia when one of the most spectacular shows on veiling in hong kong were count down to twenty thirteen commentated light extravaganza on the land and in the sky europe then picked up the holiday torch berlin hosting one of the world's largest open air parties at the brandenburg gate while the u.k. pulled out all the stops with a mesmerizing fireworks display in the heart of the capital at the london eye and across the atlantic over a million specta
deal looks set to put america on the edge of the fiscal cliff and tax hikes for millions of americans for a time at least. very happy new year. well twenty thirteen has made it around the globe with an array of fireworks performances and cheering crowds as take a look at how the world has been partying new zealand was among the first to usher in twenty thirty crowds the harboring oakland joy the fireworks exploding over the city's sky tower australia joined the festivities almost two million...
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cliff. island assumes the six month presidency of the e.u. facing a wide range of issues from a challenging european agenda to its own ailing finances. and its in it with the new around the globe we digest the highlights of two thousand and twelve and look at the headlines that could have been if things had turned out just a bit differently. and live from our studios in moscow this is our t.v. glad to have you with us a last minute deal on the american a fiscal cliff was passed by the senate in the final hours before the deadline but has to go before the house of representatives the original deal agreed to raise taxes on americans making more than four hundred fifty thousand dollars per year but the house has postponed the vote indefinitely calling for more spending cuts lawrence freeman editor at the executive intelligence review magazine says nothing can save the u.s. economy from crashing over the fiscal cliff. and anyway so operating in a unique relationship in a farce to work over the m
cliff. island assumes the six month presidency of the e.u. facing a wide range of issues from a challenging european agenda to its own ailing finances. and its in it with the new around the globe we digest the highlights of two thousand and twelve and look at the headlines that could have been if things had turned out just a bit differently. and live from our studios in moscow this is our t.v. glad to have you with us a last minute deal on the american a fiscal cliff was passed by the senate in...
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Dec 28, 2012
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WBAL
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it is down to the wire now with about 80 hours until the fiscal cliff deadline. and on what is a holiday weekend for many, that is not the case for congressional leaders in washington. there was a sense of urgency today as the president met with house and senate leaders along with the treasury secretary and vice president a short while ago at the white house to try and forge a last-minute deal. the president says he is optimistic, but at this hour, the fiscal cliff still looms. we begin our coverage with nbc's white house correspondent, peter alexander who has been watching the developments all day. peter, good evening to you. >> reporter: natalie, good evening to you. after his first meeting with all of the top four congressional lawmakers since before thanksgiving, the president marched into the briefing room here at the white house and he said the time for immediate action is now. he called for a bipartisan agreement and said to congressional leaders, warning them the public's patience has worn out. after an hour-long closed-door meeting with the president, bo
it is down to the wire now with about 80 hours until the fiscal cliff deadline. and on what is a holiday weekend for many, that is not the case for congressional leaders in washington. there was a sense of urgency today as the president met with house and senate leaders along with the treasury secretary and vice president a short while ago at the white house to try and forge a last-minute deal. the president says he is optimistic, but at this hour, the fiscal cliff still looms. we begin our...
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Dec 24, 2012
12/12
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WBAL
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there's he hope a deal will be cut before new year's to avert the fiscal cliff by extending tax cuts temporarily or tax cuts from people under $250,000 of income. i spoke this morning to a republican member of congress who said, we still can come back next week, and we can still do it, although, you know, mara was talking in her piece about shoppers who think they get a better deal the longer they wait. it's a worse deal for the republican party having waited this long, having gotten beaten on the plan b that speaker boehner was trying to do. the terms are getting worse for republicans, not better. >> a lot of people watching this will say if congress couldn't reach a grand bargain with a self-imposed deadline, this so-called fiscal cliff, when will they ever get together and do something big? is there hope beyond the 31st and 1st of this year that eventually there will be a big deal? >> well, i've always been perhaps excessively optimistic about this, but i think, yes. look, members of congress understand that we have a long-term fiscal problem. they have different visions for how t
there's he hope a deal will be cut before new year's to avert the fiscal cliff by extending tax cuts temporarily or tax cuts from people under $250,000 of income. i spoke this morning to a republican member of congress who said, we still can come back next week, and we can still do it, although, you know, mara was talking in her piece about shoppers who think they get a better deal the longer they wait. it's a worse deal for the republican party having waited this long, having gotten beaten on...
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Dec 26, 2012
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starbucks ceo is pushing federal lawmakers to resolve the fiscal cliff. he ask asking workers at all 120 washington stores to write come together on every cup they hand to customers thursday and friday. he said he wants to send a message to lawmakers to find common ground and fix the issue. they will also take out ads in the post and new york times with the same message. >>> oil prices started eing up after the president announced he would return from vacation early to work on the fiscal cliff. oil ensiles for almost $91 a barrel. that's up nearly two dollars barrel. >> japan's new prime minister has just been confirmed. he is the 7th in six years. it's not the first time he has held the title. >> reporter: a remarkable come back is now complete here in japan. elect on wednesday, follows his party's landslide win in general elections earlier this month. he has now taken the reigns and revealed his cabinet revealing the former prime minister who will be deputy prime minister and finance minister. as the 58-year-old returns to the top post that he left in 2
starbucks ceo is pushing federal lawmakers to resolve the fiscal cliff. he ask asking workers at all 120 washington stores to write come together on every cup they hand to customers thursday and friday. he said he wants to send a message to lawmakers to find common ground and fix the issue. they will also take out ads in the post and new york times with the same message. >>> oil prices started eing up after the president announced he would return from vacation early to work on the...
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Dec 29, 2012
12/12
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WRC
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>> the fiscal cliff is basically a series of an expiration of tax cuts as well as some new taxes combined with spending cuts that if we don't reach by the end of the year, we're going to go over, okay? there's a few main points that are really important to look at. the ones that are going to impact average americans most, that's what you need to consider. the first is the expiration of the bush-era tax cuts. what this means is that basically income tax rates are going to go up for nearly all american taxpayers. president obama, of course, is looking to avert the cliff by setting a threshold whereby the higher income earners will pay more but that the middle income and low income earners won't pay more. also to consider is the application of the amt, the alternative minimum tax. this will apply to taxes in 2012. it's one that's actually looking back a little bit and what's going to happen is you're going to see 30 million more americans be subjected to this tax that weren't before. in addition to that, we're also looking at the expiration of the payroll tax holiday. what that could mean is
>> the fiscal cliff is basically a series of an expiration of tax cuts as well as some new taxes combined with spending cuts that if we don't reach by the end of the year, we're going to go over, okay? there's a few main points that are really important to look at. the ones that are going to impact average americans most, that's what you need to consider. the first is the expiration of the bush-era tax cuts. what this means is that basically income tax rates are going to go up for nearly...
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Dec 28, 2012
12/12
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CNNW
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the fiscal cliff is a battle of ideological wills. some americans feel strongly that increasing taxes hurts the economy. quite possible that it will. but the central question is whether it will hurt all that much to raise income taxes a little bit on the highest earners in the country. well, to push the country to the edge of a recession over this is irresponsible. the increase will hardly affect the economy. but that's my opinion. and my opinion should count as much as anyone else's. the problem is that in washington one person's opinion carries disproportionate weight and that person is grover norquist. he's the head of americans for tax reform. they have got the pledge that mostly republican members of congress signed to say they won't increase taxes. now, understand this. the top marginal tax rate going from 35% to 39.6% is not a tax increase. it is a return to tax rates that would have taken place after the temporary bush tax cuts expired and got extended. so the way i see it, that cuts with designed to be temporary, but clearly
the fiscal cliff is a battle of ideological wills. some americans feel strongly that increasing taxes hurts the economy. quite possible that it will. but the central question is whether it will hurt all that much to raise income taxes a little bit on the highest earners in the country. well, to push the country to the edge of a recession over this is irresponsible. the increase will hardly affect the economy. but that's my opinion. and my opinion should count as much as anyone else's. the...
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Dec 31, 2012
12/12
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KPIX
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as we wake up the deadline to the fiscal cliff is just 14 hours ai wa. there's no deal yet, but members of congress are heading back to capitol hill. first, breaking news on the condition of secretary of state hillary clinton. >> she's in a new york city hospital this morning being treated for a blood clot. doctors say it's related to a concussion that's kept her out of the office for the past three weeks. margaret brennan is in washington with the latest. margaret good morning. >> reporter: good morning to you. secretary clinton is taking anti-coagulant to thin out the blood clot. doctors will monitor her for at least the next 48 hours. >> a warm welcome to the secretary of state. >> reporter: secretary of state hillary clinton was admitted to new york presbyterian hospital on sunday after doctors discovered a blood clot during what was termed a follow-up exam to check on her recovery from a recent concussion. >> thank you very much. how are you? >> reporter: clinton's health scare began after she contracted a stomach illness following a whirl wind trip
as we wake up the deadline to the fiscal cliff is just 14 hours ai wa. there's no deal yet, but members of congress are heading back to capitol hill. first, breaking news on the condition of secretary of state hillary clinton. >> she's in a new york city hospital this morning being treated for a blood clot. doctors say it's related to a concussion that's kept her out of the office for the past three weeks. margaret brennan is in washington with the latest. margaret good morning. >>...
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Dec 28, 2012
12/12
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MSNBCW
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according to a recent study, the fiscal cliff gridlock in washington has taken a tol. a new survey by the conference board shows levels in the first half of december falling to the lowest level since august. an unexpectedly sharp decline. the survey indicates that consumer anxiety stems from worries about the fiscal future and not from the current state of the economic. >> that's completely true. if you look at a lot of economic indicators they're good. the housing market is stabilizes and unemployment is ticks down. companies that have a lot of cash on balance sheets, but this december drop in can confidence, it's hard to think about what this would be about, if not the cliff. >> it's what you said. if you noted you may face thousands of dollars in increases if you're a married couple in taxes, if you're existing on unemployment insurance that may not be there in january, why would you go on a shoppi ping spree or shopping all if you can avoid it? people keep saying, well, it won't be that bad for long. that's according to how long you have money. if you're middle cla
according to a recent study, the fiscal cliff gridlock in washington has taken a tol. a new survey by the conference board shows levels in the first half of december falling to the lowest level since august. an unexpectedly sharp decline. the survey indicates that consumer anxiety stems from worries about the fiscal future and not from the current state of the economic. >> that's completely true. if you look at a lot of economic indicators they're good. the housing market is stabilizes...
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Jan 1, 2013
01/13
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CSPAN
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according to the associated press the white house have reached an agreement on the fiscal cliff. the vice president has been meeting with senate leaders. postponing the sequester spending cuts. the senate could be later on throughout the evening. we're keeping an eye on the senate floor possibly into the new year. the house is out until tomorrow at 12:00 noon. next a look at social and political movements. topics include the occupy wall street protest. and we'll also hear from the founder of the burning man festival. it's part of the world in 2013 festival hosted by the economist. [applause] >> after the current popularity of lincoln that in 2013 william harry harrison will enjoy a huge vote. [laughter] actually, it's not my prediction. it's my happy to in 2013 we'll findly learn to lessen the debt session that we're meyered in, begin to think of a time not in these -- not according to our attention spans or not according to the quarterly report but -- in a measure that means something. but that's only my hope. i don't predict that will happen. i can't tell you. >> thank you. [ap
according to the associated press the white house have reached an agreement on the fiscal cliff. the vice president has been meeting with senate leaders. postponing the sequester spending cuts. the senate could be later on throughout the evening. we're keeping an eye on the senate floor possibly into the new year. the house is out until tomorrow at 12:00 noon. next a look at social and political movements. topics include the occupy wall street protest. and we'll also hear from the founder of...
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Dec 25, 2012
12/12
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FOXNEWSW
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left and that's it over negotiations to avoid the fiscal cliff. what happens to your bottom line if we go over it? let's take a look at the possibility fallout on wall street, your taxes, your retirement plan, your wallet. excuse me. joining me now, i get all choked up, jordan goodman, financial advisor, author of, fast profits in hard times. that's where we are. >> you bet. jamie: jordan, well-come. let me bottom line is soft landing in january best we hope for at this point? >> i think we're going over fiscal cliff. that is why the markets anticipating that. soft landing temporary compromise is the best we can hope for. the worst we can hope for, probably get is a hard landing, where they don't have any agreement and all the huge taxes, $536 billion in tax increases, $110 billion in spending cuts happen pretty much all at once in january. jamie: for folks who are not professional investors but have their retirement account and hoping it will grow, when you see a selloff at the end of the year, what does that mean? people are getting their money
left and that's it over negotiations to avoid the fiscal cliff. what happens to your bottom line if we go over it? let's take a look at the possibility fallout on wall street, your taxes, your retirement plan, your wallet. excuse me. joining me now, i get all choked up, jordan goodman, financial advisor, author of, fast profits in hard times. that's where we are. >> you bet. jamie: jordan, well-come. let me bottom line is soft landing in january best we hope for at this point? >> i...
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Dec 24, 2012
12/12
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CNNW
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. >>> from fiscal cliff to crime and punishment, we'll show you our top ten stories of 2012 next. >>> you know me as carl. hey, mom. stationed in germany. shoutout to all my family in trentth, new jers trenton, new jersey. i miss you all, i love you all. if you missed it, it's your fault. i did my part. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> here is the mug shot after crapo's arrest in a washington, d.c. suburb. he's a mormon and supposedly doesn't drink alcohol, but
. >>> from fiscal cliff to crime and punishment, we'll show you our top ten stories of 2012 next. >>> you know me as carl. hey, mom. stationed in germany. shoutout to all my family in trentth, new jers trenton, new jersey. i miss you all, i love you all. if you missed it, it's your fault. i did my part. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more...